Last reviewed 08-20-2026Short-Sale.com Editorialglossary

CREDIT

California Department of Real Estate

Updated 08-20-2026

CREDIT

A bookkeeping entry on the right side of an account, recording the reduction or elimination of an asset or an expense, or the creation of or addition to a liability or item of equity or revenue.

California Department of Real Estate Glossary

California Department of Real Estate · p. 10

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